Quote from: kryptqnick on September 26, 2018, 03:49:56 PM

Quote from: Oniko on September 14, 2018, 12:26:58 PM

I think that's quite possible.

If earlier the price of bitcoin was 20, 000 dollars.

If the price falls by 95%, bitcoin will have a cost of 1, 000 dollars. And this is quite real in this mood of the market

Firstly, it doesn't seem realistic even if we take into account bearish general trend. No matter what kind of news appeared and how panic sellers were acting, bitcoin's price hasn't fallen below $5900 since the ATH. I think that approximately $6k is a price the vast majority is willing to pay for bitcoin. People are not selling it at lower prices regardless to global FUD, and this price cannot be ruined, unless something really terrible, like World war 3 or quantum computer solving cryptography puzzles instantly. Now to the second point. Believing that there is global conspiracy in any field is just trying to find who to blame for all the things you did wrong in your life. Everything is up to each one of us and no secret group can have global impact on major things.

No, i don't believe on the above question as stated, there are a lots of indicators that may goes with the determination on the price value of Bitcoin as posted in the market, Volatility of the market is one factor, it is unpredictable on the market movement during the trading, the fundamentals, market structure, and the consumer's behavior or confidence towards Bitcoin, not to mention the Volume of the investment made by investors.??